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American icon, reborn: the 1967 Shelby GT500CR Continuation Car (2010): first official pictures

We all have fantasies about meeting long dead heroes, dreams like seeing the Beatles play onstage, going dirt bike riding with Steve McQueen, or talking politics with JFK. Until they improve cloning technology, we won't be heading out to the desert with Steve, but there is one legend that is reborn and ready to ride. An Oklahoma based custom coachbuilder called Classic Recreations announced at the auto-industry love-fest called SEMA last November that they had struck a deal with Shelby American to put one of the most famous Ford muscle cars ever built back into production - the 1967 Shelby GT500.

2011 SEMA show: Day one highlights

-- Lexus revealed the 306-hp GS 350 F Sport, which will go on sale in February. It uses a direct-injection 3.5-liter V6, paired with the same paddle-shifting six-speed automatic transmission used in the IS-F. It has four driving modes, an upgraded suspension and four-wheel steering.

Aston Martin Sale: Mahindra & Investindustrial front runners

It seems the battle to take a stake in Aston Martin has come down to a battle between Mahindra & Mahindra and Investindustrial. After reporting more than a year ago that Aston Martin urgently needed a new owner, or major investor, if it is to survive, it became clear earlier this month that Aston Martin was ready to acknowledge that need as the Kuwait Investment Dar starting seeking a buyer for the majority of its majority stake in AML. So far we’ve had Mahindra and Mahindra, Tata (owners of Jaguar Land Rover), Toyota and unnamed Chinese investors in the frame, but it seems the race to take a big chunk of Aston Martin Lagonda has come down to just two – Mahindra and Investindustrial.